The largest credit union in the United States is Navy Federal Credit Union, with $204.4 billion in assets and 15.5 million members on June 30, 2026 [1][3]. State Employees' Credit Union of North Carolina is a distant second at $60.0 billion and 3.0 million members, followed by SchoolsFirst at $37.2 billion [1][8]. DataPorium data show Navy Federal alone holds 8.1% of all credit union assets and 10.5% of all credit union members in the country, and the two fastest-growing large credit unions, First Tech and Wings, more than doubled or nearly doubled in size through mergers that took effect in January 2026 [1][4][5].
Which are the largest credit unions in the US?
The table ranks the 25 largest federally insured credit unions by total assets at the end of the quarter ended June 30, 2026, the newest quarter in the data. It adds deposits (credit unions call them shares), members, assets per member, the net worth ratio and the change in assets over one year [1][2].
| Rank | Credit union | State | Total assets | Deposits | Members | Assets per member | Net worth ratio | Assets, 1-year change |
|---|---|---|---|---|---|---|---|---|
| 1 | Navy Federal | Virginia | $204.4B | $173.4B | 15,517,448 | $13,170 | 11.6% | +6.6% |
| 2 | State Employees' | North Carolina | $60.0B | $53.5B | 2,998,339 | $20,002 | 10.1% | +6.7% |
| 3 | SchoolsFirst | California | $37.2B | $32.0B | 1,579,561 | $23,571 | 9.5% | +9.2% |
| 4 | Boeing Employees (BECU) | Washington | $29.6B | $25.9B | 1,594,258 | $18,581 | 12.6% | +2.4% |
| 5 | Pentagon (PenFed) | Virginia | $29.2B | $25.1B | 2,751,004 | $10,613 | 10.7% | -2.7% |
| 6 | First Technology (First Tech) | California | $27.9B | $24.2B | 1,870,858 | $14,900 | 10.8% | +119.1% |
| 7 | America First | Utah | $26.0B | $22.7B | 1,588,687 | $16,357 | 11.1% | +13.5% |
| 8 | Mountain America | Utah | $22.9B | $20.3B | 1,458,467 | $15,670 | 9.5% | +6.1% |
| 9 | The Golden 1 | California | $22.2B | $19.9B | 1,199,691 | $18,464 | 9.9% | +7.6% |
| 10 | Suncoast | Florida | $20.8B | $18.3B | 1,408,203 | $14,756 | 10.1% | +10.0% |
| 11 | Alliant | Illinois | $20.0B | $16.1B | 953,370 | $20,985 | 9.2% | +0.3% |
| 12 | Randolph-Brooks | Texas | $19.6B | $15.6B | 1,152,532 | $16,976 | 13.4% | +4.6% |
| 13 | Wings | Colorado | $19.4B | $16.0B | 958,216 | $20,229 | 11.8% | +88.0% |
| 14 | Lake Michigan | Michigan | $17.3B | $14.7B | 536,976 | $32,144 | 11.3% | +16.1% |
| 15 | Idaho Central | Idaho | $15.5B | $13.6B | 821,866 | $18,881 | 8.3% | +16.9% |
| 16 | Fourleaf | New York | $14.4B | $13.0B | 527,355 | $27,351 | 9.0% | +3.9% |
| 17 | Security Service | Texas | $14.4B | $11.2B | 721,020 | $19,916 | 11.1% | +2.5% |
| 18 | VyStar | Florida | $14.3B | $11.2B | 1,024,058 | $13,939 | 8.7% | +2.0% |
| 19 | Global | Alaska | $13.0B | $11.3B | 808,644 | $16,081 | 9.7% | -0.4% |
| 20 | GreenState | Iowa | $10.9B | $8.7B | 359,136 | $30,481 | 9.0% | +1.9% |
| 21 | ESL | New York | $10.8B | $6.2B | 485,535 | $22,250 | 16.4% | +12.2% |
| 22 | Redwood | California | $10.7B | $9.3B | 423,257 | $25,290 | 12.4% | +12.6% |
| 23 | United Nations | New York | $10.7B | $9.6B | 266,891 | $40,071 | 9.8% | +6.8% |
| 24 | Police and Fire | Pennsylvania | $10.2B | $8.3B | 432,372 | $23,659 | 18.6% | +4.7% |
| 25 | Eastman | Tennessee | $10.2B | $8.6B | 360,016 | $28,253 | 14.9% | +6.9% |
Source: DataPorium Banking, quarterly reports of federally insured credit unions for the quarter ended June 30, 2026 [1][2]. B = billion US dollars. Assets per member = total assets divided by members, computed by DataPorium. The state is the credit union's head office.
The 25 credit unions in the table held $691.4 billion in assets, 27.4% of the $2.52 trillion held by all 4,299 US credit unions, and 41.8 million members, 28.4% of the 147.4 million total [1]. California has four credit unions on the list, and New York three [1].
How big is Navy Federal compared with the rest?
Navy Federal Credit Union is in a class of its own. Its $204.4 billion in assets is 3.4 times the assets of the second-largest credit union, and its 15.5 million members are 5.2 times as many [1][3][8]. The 24 credit unions ranked 2nd to 25th together held $487.0 billion, so Navy Federal holds about 42 cents in assets for every dollar held by the next 24 combined [1].
Navy Federal is also among the more profitable large credit unions: its return on assets, profit as a share of assets on a yearly basis, was 1.38% in the first half of 2026, against 0.72% at State Employees' and 0.28% at First Tech [1][3]. Its net worth ratio, the credit union's capital divided by its assets, was 11.6% [3].
On June 30, 2026, Navy Federal Credit Union held $204.4 billion in assets and served 15.5 million members, more than the next eight largest credit unions by members combined.
Which credit unions have the most members?
Ranked by members rather than assets, the order changes. Pentagon Federal Credit Union (PenFed) is fifth by assets but third by members, with 2.75 million, and First Tech is fourth with 1.87 million [1]. The top 10 by members on June 30, 2026 [2]:
- Navy Federal: 15,517,448
- State Employees': 2,998,339
- Pentagon (PenFed): 2,751,004
- First Technology (First Tech): 1,870,858
- Boeing Employees (BECU): 1,594,258
- America First: 1,588,687
- SchoolsFirst: 1,579,561
- Mountain America: 1,458,467
- Suncoast: 1,408,203
- The Golden 1: 1,199,691
Navy Federal's 15.5 million members outnumber those of the next eight credit unions on this list combined, 15.2 million [2]. Assets per member vary widely: PenFed holds $10,613 per member and Navy Federal $13,170, while United Nations Federal Credit Union holds $40,071 and Lake Michigan $32,144 [1]. Across all US credit unions, the average is $17,116 per member [1].
Which large credit unions grew the fastest?
Two mergers that took effect on January 1, 2026
First Technology Federal Credit Union, known as First Tech, grew its assets by 119.1% in the year to June 30, 2026, to $27.9 billion, and its deposits by 112.7% [4]. Digital Federal Credit Union (DCU) and First Tech were set to complete a legal merger on January 1, 2026 after regulatory approval by the NCUA, the federal credit union regulator [6]. Wings Credit Union, now headquartered in Colorado Springs in the data, grew 88.0% to $19.4 billion: Ent Credit Union and Wings Credit Union merged in January 2026 and now operate under the Wings name [5][7].
Growth without a merger
Among the other credit unions in the top 25, the fastest growth in assets came at Idaho Central (+16.9%), Lake Michigan (+16.1%) and America First (+13.5%) [1]. Two shrank: PenFed (-2.7%) and Global (-0.4%) [1]. All credit unions together grew assets 5.0% and members 1.6% over the year, while the number of credit unions fell from 4,460 to 4,299 [1].
How we ranked the credit unions
The data are the quarterly call reports that every federally insured credit union files with the NCUA, as published in DataPorium Banking [1]. Measures:
- Total assets: everything the credit union owns, mainly loans and investments. This is the standard size measure.
- Deposits: members' savings, checking and certificate accounts (shares).
- Members: the number of members reported for the quarter.
- Net worth ratio: net worth divided by total assets; 7% or more counts as well capitalized under federal rules.
- 1-year change: June 30, 2026 against June 30, 2025 for the same charter, so a merger adds the other credit union's assets.
Names are shortened as the credit unions are commonly known. Banks are ranked separately in DataPorium's list of the largest banks and credit unions; the screener ranks all 4,299 credit unions on any measure [1][2].
Frequently asked questions
What is the largest credit union in the US?
Navy Federal Credit Union, with $204.4 billion in assets, $173.4 billion in deposits and 15,517,448 members on June 30, 2026 [3].
What is the second-largest credit union?
State Employees' Credit Union of North Carolina, with $60.0 billion in assets and 3.0 million members [8].
How many credit unions are there in the US?
The data count 4,299 credit unions on June 30, 2026, down from 4,460 a year earlier, with 147.4 million members in total [1].
Which credit union has the most members?
Navy Federal, with 15.5 million members, followed by State Employees' (3.0 million) and PenFed (2.75 million) [2].
Sources & References
- [1] DataPorium Banking (US banks and credit unions, quarter ended June 30, 2026)
- [2] DataPorium Bank Screener (credit unions ranked by assets and members)
- [3] DataPorium Navy Federal Credit Union (quarterly financials)
- [4] DataPorium First Tech (First Technology) Federal Credit Union (quarterly financials)
- [5] DataPorium Wings Credit Union (quarterly financials)
- [6] The Credit Union Connection, NCUA approval of the DCU and First Tech merger (accessed October 13, 2026)
- [7] Wikipedia, Wings Credit Union (accessed October 13, 2026)
- [8] DataPorium State Employees' Credit Union (quarterly financials)
